Tamil Nadu Board of Secondary EducationHSC Commerce Class 12th

# Praveena and Dhanya are partners sharing profits in the ratio of 7 : 3. They admit Malini into the firm. The new ratio among Praveena, Dhanya and Malini are 5 : 2 : 3. Calculate the sacrificing ratio. - Accountancy

Sum

Praveena and Dhanya are partners sharing profits in the ratio of 7 : 3. They admit Malini into the firm. The new ratio among Praveena, Dhanya and Malini are 5 : 2 : 3. Calculate the sacrificing ratio.

#### Solution

Sacrificing Ratio = Old Ratio – New Ratio

Praveena = 7/10 - 5/10 = 2/10

Dhanya = 3/10 - 2/10 = 1/10

Sacrificing Ratio = 2 : 1

Concept: New Profit Sharing Ratio and Sacrificing Ratio
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